Archives from day » 16, February 2010

To improve access to much needed capital for small and early stage businesses in the State, the Texas Legislature approved legislation (in 2005 and reauthorized in 2007) to target investment in small and early stage companies. The Texas CAPCO Act provides $200 million of investment capital for businesses located in the State. A portion of the investment is targeted to a Strategic Investment Area, which is a county that receives special investment status for the CAPCO Program and other programs as well. A low-income community receives special status for the CAPCO Program and for federal programs.